US: Wall Street edges lower, energy stocks fall

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

[NEW YORK] The S&P 500 slipped on Wednesday after ending the previous session with a record and the Nasdaq failed to hold all-time highs reached earlier in the day while investors waited for more earnings reports. Read more at The Business Times.

[NEW YORK] The S&P 500 slipped on Wednesday after ending the previous session with a record and the Nasdaq failed to hold all-time highs reached earlier in the day while investors waited for more earnings reports.

"There was no needle moving news today for people to be making bigger bets on anything after the big move we had yesterday."In aftermarket trading, Microsoft shares rose about three per cent and Facebook shares gained nearly five per cent.At the market close on Wednesday, the Dow Jones Industrial Average fell 59.34 points, or 0.22 per cent, to 26,597.05, the S&P 500 lost 6.43 points, or 0.22 per cent, to 2,927.25 and the Nasdaq Composite dropped 18.81 points, or 0.

"The market is taking a pause," she said."We've a lot of earnings coming this week and next. There's nothing today that would change the overall economic outlook." Caterpillar Inc fell three per cent as rising costs hit margins in its construction equipment business and the company reported tepid sales in the Asia-Pacific region.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock futures point to flat Wall Street open as earnings roll inU.S. stock index futures pointed to a subdued opening on Wall Street on Tuesday, as investors parsed through a fresh batch of reports from ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Wall Street dips ahead of earnings delugeU.S. stocks pulled back slightly on Monday as investors awaited a barrage of major earnings reports this week, the busiest this earnings season, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Wall Street opens flat after mixed earnings from industrialsREUTERS: U.S. stocks opened little changed on Wednesday after a record-setting rally in the previous session, weighed down by mixed results from ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »